No. of Recommendations: 4
Those who were long the calls that expired yesterday took delivery of about 1.5- 2 million shares. Hopefully the earnings report will be better than expected, which might help to explain why buyers were willing to pay 10 % more than Buffett would in the past 6 weeks.
ANT is coming soon, expected valuation about 1.5 trillion. By year end we may know if brkb participated in a late round or the ANT IPO?
This no longer mommas brk, the sooner we know more the better I will like it.
It would have been nice IF the goog PP docs stipulated that if goog does another common stock cap raise in one year from the close of the PP priced at 350, 5 % below 350, the participants price would be adjusted with additional shares. Apparently, that clause wasn't included, hence, there are now many unhappy participants in that 350 offering.
Goog got the best of the buyers, very sloppy buyers, to be kind. :)